Virtus LifeSci Biotech Clinical Trials ETF (BBC)
Biotech ETF (BBC) Touches Fresh 52-Week High
Biotech ETF BBC hits a 52-week high, likely fueled by strong clinical trial results and rising M&A activity, and renewed risk-on sentiment.
Virtus LifeSci Biotech Clinical Trials ETF (NYSEARCA:BBC) Sees Significant Increase in Short Interest
Virtus LifeSci Biotech Clinical Trials ETF (NYSEARCA:BBC - Get Free Report) was the target of a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 40,613 shares, a growth of 122.6% from the February 12th total of 18,241 shares. Based on an average daily trading
Biotech ETF (BBC) Hits New 52-Week High
Biotech ETF BBC hits a 52-week high amid renewed sector momentum, Fed rate cuts and AI-driven healthcare gains, hinting at more near-term upside.
Best-Performing ETFs of Last Week
Top ETFs that soared last week despite market swings included shipping (BWET), lithium miners (LITP), crypto bear (REKT), biotech (BBC) and rare earths (REMX).
Biotech ETF (BBC) Hits New 52-Week High
Biotech ETF BBC just hit a 52-week high on regulatory tailwinds, Fed rate-cut hopes, and cheaper valuations.
Best-Performing ETFs of Last Week
BWET, GOEX, SLVP, LIT and BBC stood out as last week's best-performing ETFs, driven by sector-specific fundamentals, safe-haven demand and Fed rate cut hopes.
AMC Networks Paying $42M For Full Control Of BBC America
AMC Networks has rolled up BBC America, paying $42 million in cash for the cable network. The news was disclosed in the company's third-quarter earnings release. The transaction, which gives AMC Networks the 50.1% of the network that it did not previously have, closed November 1.
Amazon Fire TVs to carry Freely streaming platform in boost for BBC and ITV
Freely, a new streaming service backed by the BBC, ITV and other British public broadcasters, will be available on Amazon Fire televisions following a "landmark deal" with the U.S. technology giant, the companies said on Monday.
BBC licence fee income is down 30% since Netflix's UK launch
The BBC collected £3.66 billion in licence fee income in the 2023/24 financial year, down 2% from the previous year, according to the state broadcaster's annual report. There were 23.9 million licences in force as of 30 April, down half a million from 24.4 million the previous year.
5 Top ETFs of Last Week
Wall Street was moderately upbeat last week with the S&P 500, the Dow Jones and the Nasdaq gaining 0.87%, 1.6% and 0.3%, respectively. However, the small-cap index – the Russell 2000 – has advanced 6% as consumer inflation print came in at cooler-than-expected.
Inflation Cools in June, Triggers Spike in Laggard ETFs
June inflation data has deepened the market's confidence that the Fed would begin cutting interest rates in September, leading to a sector rotation from the hot technology sector to the laggards that could benefit from falling rates like industrials and small caps.
